Lesser Knowlesthorpe, Barton Mill Road, Canterbury, CT1

Bought For £1,850,000

A rare private gated development of flats and cottages. Acquired for PRS investment.

Summary

  • An attractive private gated development, comprising a Grade II Listed building of nine flats, and three cottages.
  • Private basement storage and communal gardens for use by the flats, and private gardens for the cottages.
  • Off-road parking for approximately 13 cars and external sheltered bike storage.
  • The accommodation extends to approximately 6,912 sq ft (NSA) and 9,221 sq ft (GIA).
  • Currently 10 of the units are let on Assured Shorthold Tenancies, with two vacant units, producing a passing rent of c. £102,780 per annum.
  • The estimated Rental Value for the property, once fully let, is in the region of £123,000 per annum.
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